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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   20,053,858 190,120 SH   DFND 34 190,120 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308   7,836,866 122,260 SH   DFND 34 122,260 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407   4,230,084 28,780 SH   DFND 34 28,780 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704   1,251,695 16,260 SH   DFND 34 16,260 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803   12,936,195 110,850 SH   DFND 34 110,850 0 0